Just to share something with someone who is investing in the housing market. & O8 w x# C- t5 IBought another condo and rent it with $1300/month. Condo fee1 }1 B" ^) j$ I, M
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 1 b5 q# c1 X; X! LAlso bought a new luxury apartment in China last month with $150,000.' n0 d! Z9 _+ J8 Y
That unit worths $160,000 this month.5 m" u/ x* i. N9 C3 R8 p5 d* ]0 I, O
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. 1 ?- {. o+ D9 ~7 i7 Z8 n: e1 ]7 B1 [I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.# Q0 J3 p& \# A0 F
Well, it is still the highest ever for my currency exchange history.